GM reports best sales of the year in October

04 Nov 2010

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GM reported its best sales month of the year in October, with a 16-per cent increase in retail sales and 30 per cent in total sales compared to the October 2009. Its year-to-date retail sales climbed 29 per cent and total sales rose 28 per cent.

GM said ibn a statement that October was the 13th straight month of sales increases, driven by customer demand for its Sierra pickup truck, Terrain crossover and Yukon XL sport utility vehicle, all of which had their best month of the year. The Acadia crossover also contributed to GMC's October sales success.

''Terrain and Acadia continue to attract new customers to GMC, with more than half of their buyers coming from non-General Motors brands,'' said Brian Sweeney, US vice president for Buick GMC Sales and Service. ''With more than a year of steady sales increases, we're confident that GMC is on the right track for long-haul growth.''

With its bold design and segment-leading fuel economy bringing new customers into GMC showrooms, Terrain had its best retail month ever, racking up a 75 per cent retail sales increase compared to the same month last year.
Its total sales were up 82 per cent for the month.

Small SUV and crossover buyers are taking to the Terrain quicker than competitive models, with the model averaging just 16 days on dealer lots compared with a 32-day average among competitors.

Acadia - which motorists recently named the 'Best Cargo Hauler from a Popular Brand' (2010 Motorist Choice Awards) - delivered a retail sales increase of 65 per cent in October compared to the same month last year and 25 per cent for the calendar year to date.

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